Weekly Hog Price and Breeding Margins in China（Week 28, 2019）
I. Hog Price
This week (July 8th-12th), hog price nationwide has extended the upward trend late last week. As of this Friday, the average price index is 19.21 yuan/kg, an increase of 1.6 yuan/kg by 9.1% from last Friday and an increase of 6.88 yuan/kg by 55.8% from 12.33 yuan/kg in the corresponding period last year.
Fig.: Hog Price Trend Weekly in China (2015-2019)
II. Breeding Margins
The breeding margins of hog this week has seen a growth on higher hog prices and lower feed cost. The average profit of per pig breeding is 460.27 yuan this week, up by 66.1% from 277.04 yuan last week and up by 597.8% from the profitability of the same period last year.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
Fig.: Hog Margins Weekly in China (2018-2019)
